J.P. Morgan Rates H.B. Fuller Neutral - H.B. Fuller (NYSE:FUL)

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.

According to J.P. Morgan, H.B. Fuller (NYSE: FUL) is delivering good results in a difficult raw material environment.J.P. Morgan said that the company reported a 23% increase in operating income in Q2:F11(ended May 28) despite 20% raw material cost inflation and 5% increase in S&A expense; prices were 8% higher yoy. “We rate Fuller Neutral. FUL trades at 7.2x EBITDA and 12.6x EPS our F2011 forecast versus peers trading at 7.6x and 13.7x, respectively. We expect Fuller to generate 5-6% of its share price in free cash flow in F2011.”H.B. Fuller closed on Friday at $23.43.

27% profit every 20 days?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!